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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Albany at 808 Cedar Bough Place, New Albany, IN, 47150 priced at $250,000 pairs $2,009/mo rent with $508/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,009/mo, and annual cash flow comes to $6,095/yr on $82,875 invested. Return on cash invested is 27.26% in year one, and rental yield stands at 9.64% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 142.01% and total cumulative return in cash reaches $117,694. For financing, Ziffy Mortgage’s DSCR program evaluates $2,009/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1904
6,098 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Sold | $250,000 |
| 2025-02-11 | Price change | $258,000 |
| 2024-12-18 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $1550.84 | 4.24% | $144,300 | -1.90% |
| 2023-10-24 | $1487.80 | 7.34% | $147,100 | 4.40% |
| 2022-10-24 | $1386.02 | 0.60% | $140,900 | 7.89% |
Listed by: Morgan R Bauer Brown • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011195
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
